The global market size change in the 'Machine Learning' segment of the artificial intelligence market was forecast to continuously decrease between 2024 and 2030 by in total 28.2 percentage points. According to this forecast, in 2030, the market size change will have decreased for the sixth consecutive year to 27.76 percent.
Data provided by Statista Market Insights are estimates.
Definition: Machine learning is a branch of artificial intelligence that involves the use of algorithms and statistical models to enable computer systems to learn from data and improve their performance on a task. It has a wide range of applications, including image and speech recognition, natural language processing, and predictive analytics. The Machine Learning market includes software platforms, tools, and services that enable organizations to develop and deploy machine learning applications.
Additional Information:
The Machine Learning market comprises two key performance indicators: market sizes, and market sizes by industry. Market sizes are generated by the funding amount of Artificial Intelligence (AI) companies. Key players of the market include companies such as Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure.
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Statista. (April 11, 2024). Growth of worldwide machine learning (ML) market size from 2021 to 2030 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/forecasts/1449852/growth-of-machine-learning-market-worldwide
Statista. "Growth of worldwide machine learning (ML) market size from 2021 to 2030." Chart. April 11, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/forecasts/1449852/growth-of-machine-learning-market-worldwide
Statista. (2024). Growth of worldwide machine learning (ML) market size from 2021 to 2030. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/forecasts/1449852/growth-of-machine-learning-market-worldwide
Statista. "Growth of Worldwide Machine Learning (Ml) Market Size from 2021 to 2030." Statista, Statista Inc., 11 Apr 2024, https://www.statista.com/forecasts/1449852/growth-of-machine-learning-market-worldwide
Statista, Growth of worldwide machine learning (ML) market size from 2021 to 2030 Statista, https://www.statista.com/forecasts/1449852/growth-of-machine-learning-market-worldwide (last visited December 21, 2024)
Growth of worldwide machine learning (ML) market size from 2021 to 2030 [Graph], Statista, April 11, 2024. [Online]. Available: https://www.statista.com/forecasts/1449852/growth-of-machine-learning-market-worldwide
